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New Deal


Announced

ALSO to acquire Target.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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IT provider

Majority

Austria

IT Services: Other

Single Bidder

Friendly

Acquisition

Cross Border

Private

Pending

Synopsis

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ALSO, an information and communications technology distribution company, agreed to acquire Target, a value-add IT provider. Financial terms were not disclosed. “With this acquisition, we can offer our customers even greater added value. The latest AI applications require powerful devices to process the huge amounts of data. Apple products with their new M3 processors play an important role in this. We will continue to drive growth and success in the region,” Gustavo Möller-Hergt, ALSO CEO.

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